Insure Smooth Sailing

Private Insurance Plans Keep You Afloat

Summer’s in full swing, and we know what that means: lots of people spend time out on the open water relaxing and catching a little sun. While being out on a boat is relaxing, insuring one isn’t always as simple as it may seem.

Boatowners coverage is a great way to keep your boat, motor, equipment and passengers safe and protected. Similar to insurance for your car, coverage basics include:

Personal Liability – A boatowners insurance policy provides protection for legal liability and pays, up to the limit of your policy, the legal obligations imposed upon you due to an accident resulting from the ownership, maintenance, or use of your watercraft, including bodily injury, property damage and legal defense.

Medical Payments – This pays medical expenses, up to the limits in the policy, including the insured’s boating-related medical expenses from an accident arising out of the ownership, maintenance or use of the boat. Expenses include hospital, medical, ambulance, etc.

Owning a boat and sometimes the second home that goes with it can get a little pricey. So, here are a few tips to help you save on your boatowner’s coverage:

Run your boat on diesel fuel instead of gas

Keep an approved fire extinguisher on board

Complete an approved safety course that makes you a boat safety expert

Contact us for more information on boatowner’s coverage or our other private insurance products. Or, for other great insurance insights, visit our blog!

Anthony Roman is a Vice President at Assurance and the Practice Leader of our Private Insurance Management division. With almost 20 years of experience, Anthony specializes in working with private insurance clients to identify circumstances that put their wealth at risk and provide tailored insurance solutions to eliminate exposures.

Thank you

Dear ,Thanks for your inquiry. We’ll review your request and be in touch soon. In the meantime, we invite you to visit the Assurance blog for the latest and greatest when it comes to insurance thought leadership and industry specific articles. Happy reading.-Your Friends at Assurance

Dear ,Thank you for your interest in a career with Assurance. All open positions are currently listed on our careers page. If you’re interested in learning more about us, connect with us on LinkedIn and like us on Facebook where you’ll learn about all of our company updates.-Your Friends at Assurance